StockWatch
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Industrial Products
Deals21 Jul 2026, 10:49 am

Batliboi Ltd Secures ₹52 Cr Contract from SAEL Industries for Solar Facility

AI Summary

Batliboi Ltd's Environmental Engineering Division (EEG Division) has secured a significant contract worth ₹52 crores from SAEL Industries Limited. The contract involves the Design, Supply, Installation, and Commissioning of pollution equipment for SAEL's upcoming Solar Cell Manufacturing facility in Jewar, Uttar Pradesh. This project, which includes a PEX System for a 6GW Solar Cell Line, is expected to be commissioned within 6-8 months. This win marks Batliboi's strategic expansion into the solar energy sector, aligning with the government's 'Make in India' initiative for clean energy production and is anticipated to contribute positively to the division's growth and shareholder value.

Key Highlights

  • Batliboi's EEG Division wins ₹52 crore contract from SAEL Industries.
  • Contract is for pollution equipment for a solar cell manufacturing facility.
  • Project expected to be commissioned within 6-8 months.
  • Marks strategic expansion into the solar manufacturing supply chain.
  • Aligns with government's clean energy production initiatives.